Main Street Ownership
| MAIN Stock | USD 53.97 0.79 1.49% |
Shares in Circulation | First Issued 2006-09-30 | Previous Quarter 86.2 M | Current Value 87.5 M | Avarage Shares Outstanding 44.9 M | Quarterly Volatility 25.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Main |
Main Stock Ownership Analysis
About 23.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.77. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Main Street Capital has Price/Earnings To Growth (PEG) ratio of 2.09. The entity recorded earning per share (EPS) of 5.53. The firm last dividend was issued on the 6th of December 2024. Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnw, Poland. Main Street operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 80 people. To find out more about Main Street Capital contact Dwayne Hyzak at 713 350 6000 or learn more at https://www.mainstcapital.com.Besides selling stocks to institutional investors, Main Street also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Main Street's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Main Street's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Main Street Quarterly Liabilities And Stockholders Equity |
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Main Street Insider Trades History
About 4.0% of Main Street Capital are currently held by insiders. Unlike Main Street's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Main Street's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Main Street's insider trades
Main Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Main Street is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Main Street Capital backward and forwards among themselves. Main Street's institutional investor refers to the entity that pools money to purchase Main Street's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Muzinich & Co Inc | 2024-09-30 | 212.4 K | Sumitomo Mitsui Trust Group Inc | 2024-09-30 | 209.9 K | Smh Capital Inc. | 2024-09-30 | 208.1 K | Trinity Legacy Partners Llc | 2024-09-30 | 204.9 K | Balyasny Asset Management Llc | 2024-09-30 | 190.4 K | Royal Bank Of Canada | 2024-06-30 | 190.3 K | Advisor Group Holdings, Inc. | 2024-06-30 | 184.3 K | Mckinley Capital Management Llc | 2024-06-30 | 173.6 K | Tectonic Advisors Llc | 2024-06-30 | 143.6 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 3.4 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.9 M |
Main Street Capital Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Main Street insiders, such as employees or executives, is commonly permitted as long as it does not rely on Main Street's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Main Street insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Main Street's latest congressional trading
Congressional trading in companies like Main Street Capital, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Main Street by those in governmental positions are based on the same information available to the general public.
| 2021-12-13 | Representative David Cheston Rouzer | Acquired $15K to $50K | Verify | ||
| 2019-07-26 | Representative David Cheston Rouzer | Acquired Under $15K | Verify |
Main Street Outstanding Bonds
Main Street issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Main Street Capital uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Main bonds can be classified according to their maturity, which is the date when Main Street Capital has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MAIN 3 14 JUL 26 Corp BondUS56035LAE48 | View | |
| Main Street Capital Corp BondUS56035LAH78 | View |
Main Street Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 8th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 7th of October 2024 Other Reports | ViewVerify |
Pair Trading with Main Street
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Main Street position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Main Street will appreciate offsetting losses from the drop in the long position's value.Moving together with Main Stock
| 0.72 | V | Visa Class A | PairCorr |
| 0.85 | DIST | Distoken Acquisition | PairCorr |
| 0.83 | AB | AllianceBernstein | PairCorr |
| 0.89 | AC | Associated Capital | PairCorr |
Moving against Main Stock
The ability to find closely correlated positions to Main Street could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Main Street when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Main Street - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Main Street Capital to buy it.
The correlation of Main Street is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Main Street moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Main Street Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Main Street can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Main Street Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Main Street. If investors know Main will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Main Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.139 | Dividend Share 2.88 | Earnings Share 5.53 | Revenue Per Share 6.175 | Quarterly Revenue Growth 0.11 |
The market value of Main Street Capital is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Street's value that differs from its market value or its book value, called intrinsic value, which is Main Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Street's market value can be influenced by many factors that don't directly affect Main Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.